News
Brazil betting ban refund deadline October 5: MP 1.394
Withdraw by 23h59 on 5 October. After that, MP 1.394 voids open bets, routes balances by CPF to your own bank account, and makes Caixa the fallback.
TopicPayments
7 articles
Tax
Do I pay tax on betting winnings in Brazil? The four steps
Yes, above a threshold: IN RFB 2.299/2025 taxes a year's net betting prize at 15% above the first IRPF band, paid by April. The rule, step by step.
News
Can I withdraw bet winnings to someone else's Pix key?
No. Portaria SPA/MF 615/2024 sends bet withdrawals and prizes only to an account in the bettor's own name. Arts. 2, 3 and 7, read from the text.
News
Can I use a credit card on a licensed bet in Brazil? No.
Art. 3 §2 VII of Portaria SPA/MF 615/2024 bars credit cards and all post-paid instruments. The eight banned means and four permitted rails, from the text.
Reviews
How long does a bet have to pay a withdrawal in Brazil?
Portaria SPA/MF 615/2024 gives a bet 120 minutes from your withdrawal request, and a separate 120 minutes to pay a prize. Both clocks, article by article.
Reviews
Resolução BCB 569, reviewed: the payments rail as the enforcement layer
The Banco Central added indicators of unauthorized betting operators to the fraud data-sharing regime. The obligations bite on 30 October and 1 December 2026 — neither has arrived. Reviewed as market infrastructure, not compliance paperwork.
Reviews
Pix at the cashier, reviewed as market infrastructure
Brazil's instant-payment rails are the regulated betting market's backbone: deposits and withdrawals in seconds, in the bettor's own name. The review covers what the rails do well — and the fraud pressure and chargeback culture they import.